You are given the following data for year 1 sales = $43, cost =$30, depreciation =$3,tax rate =21%. calculate the operating cash flow for the project for year 1.

80 0

Get full Expert solution in seconds

$1.97 ONLY

You are given the following data for year 1 sales = $43, cost =$30, depreciation =$3,tax rate =21%. calculate the operating cash flow for the project for year 1.

EXPERT ANSWER

Question – You are given the following data for year 1 sales = $43, cost =$30, depreciation =$3,tax rate =21%. calculate the operating cash flow for the project for year 1.

Answer =

Sales $43 – Cost $30 – Depn $3

Operating Cash Flow = $10